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Tag Archives: Leisure & Resorts World Corp.

Philippines – PAGCOR orders closure of 53 bingo halls

PAGCOR (The Philippines Amusement and Gaming Corp) has told Leisure & Resorts World Corp. that it must shut 53 bingo sites due to their proximity to schools and churches. Gaming outlets must be at least 200 meters from schools and churches, with PAGCOR ruling that 36 e-bingo sites run by Leisure & Resorts World subsidiary…

Philippines – Belle Grand partner raises P1.65bn

Leisure & Resorts World Corp. (LRWC) has raised P1.65bn in new finance, some of which will be used for its involvement in the $1bn Belle Grande Integrated Resort and Casino that will soon be built in Manila. LRWC confirmed it had made the transaction through a share sale of preferred shares to ten private investors…